New investments emphasise continued momentum for US IoT space

The IoT investment gravy train continues to run, particularly in the US: California-based MagicCube has secured $8.5 million in series A funding, while Vognition, a smart voice control solution provider out of New Jersey, has raised $700,000.

According to John Koetsier, a mobile economist at TUNE, 2,888 businesses in the US building the IoT employ 342,000 workers, have raised $125 billion in funding, and have created $613 billion in value. Moreover, 95 of them are now unicorns: billion-dollar...

By IoT News, 10 August 2017, 1 comment. Categories: Development, Enterprise, IoT.

Manufacturers embracing the IIoT set to rise dramatically by 2022, new report argues

The Industrial Internet of Things (IIoT) is set to transform manufacturing – and according to a new report from Zebra Technologies, the number of organisations achieving a fully connected factory will rise ‘dramatically’ in the coming five years.

According to the company’s 2017 Manufacturing Vision Study, almost two thirds (64%) of manufacturers say they expect to be fully connected, using a combination of technologies including RFID, wearables and automated systems, by 2022. Half of...

By James Bourne, 08 August 2017, 0 comments. Categories: Enterprise, IIoT, IoT, Wearables.

New research warns of skills gap threatening IoT innovation in energy sector

The dreaded skills gap threatens to scupper many technological innovations with the Internet of Things (IoT) not alone – and according to a new report from Inmarsat, the energy sector could face problems down the line if it doesn’t shape up.

The research, commissioned by Inmarsat and conducted by Vanson Bourne, polled 100 large energy companies around the world and found that while almost nine in 10 (88%) organisations expect to deploy IoT technologies in the coming two years, more than a third...

By James Bourne, 03 August 2017, 0 comments. Categories: Enterprise, IoT.

ZingBox survey finds misconceptions surrounding IoT security in healthcare sector

More than 90% of healthcare IT networks have IoT devices connected to them, while more than two thirds of respondents to a new survey say traditional security solutions are sufficient to secure IoT-connected medical devices.

The survey, conducted by IoT security solutions provider ZingBox, highlights the state of ‘misconceptions’ in the healthcare industry, according to the company.

More than three quarters (76%) of IT decision makers within healthcare organisations were confident or...

By IoT News, 26 July 2017, 0 comments. Categories: Enterprise, Healthcare, IoT.

Five ways healthcare firms can get ahead in the race to the Medical Internet of Things

The concept of the Internet of Things (IoT) has become so popular that its impact is being felt across a huge number of industries, and healthcare is no exception. Five years ago, the medical device connectivity market was largely insignificant, but is now expected to grow at a CAGR of 38% over the next five years by adopting the capabilities of the IoT. With this in mind, here are five recommendations for healthcare organizations to ensure they fully embrace the power of the IoT: 

Embrace the...

By Bhoopathi Rapolu, 25 July 2017, 0 comments. Categories: Enterprise, Healthcare, IoT.

IBM and Arrow Electronics team up to promote Asia Pacific IoT

Arrow Electronics has joined hands with IBM to fuse its services with IBM’s Watson Internet of Things (IoT) platform and cloud services, the companies have announced.

With this development, Arrow now offers customers in Asia Pacific access to more than 160 industry-leading cloud services to incorporate ready-to-use capabilities, such as artificial intelligence (AI), blockchain, advanced data analytics and cyber security into their latest IoT inventions through the IBM Watson IoT platform via IBM Cloud....

By IoT News, 24 July 2017, 0 comments. Categories: Enterprise, IoT.

EdgeX Foundry adds eight new members and ‘builds momentum’ for IoT interoperability

EdgeX Foundry, a body which aims to provide a common open framework for the Industrial IoT, has expanded its membership with eight new companies getting on board.

The new members are Absolute, IoT Impact Labs, inwinSTACK, Parallel Machines, Queen’s University Belfast, RIOT, Toshiba Digital Solutions Corporation, and Tulip Interfaces.

Each member has different goals through its membership. Absolute aims to enable customers to meet their business goals with secure data protection on their endpoint agents...

By IoT News, 21 July 2017, 0 comments. Categories: Enterprise, IoT.

SAP and Centrica team up to bring efficient energy IoT management

SAP has partnered with energy and services company Centrica to leverage the use of IoT for better energy consumption management.

The partnership will bring together the powers of SAP’s digital innovation system, SAP Leonardo that combines the power of IoT, analytics, big data, machine learning and blockchain on SAP’s cloud platform using design thinking services and Centrica’s energy insights technology, Panoramic Power.

Centrica and SAP aim to provide new business value to customers by...

By IoT News, 12 July 2017, 0 comments. Categories: Enterprise, IoT.

Cisco Jasper aims to help organisations get through IoT proof of concept with new Control Center

Cisco Jasper has launched an expanded model of its Control Center connectivity platform to help organisations get past the ‘proof of concept’ stage when it comes to IoT.

The Control Center 7.0, introduced at Cisco’s Live event in Las Vegas, aims to address business’ needs for greater flexibility with a new multi-tiered IoT platform that gives companies various options to meet their specific needs, regardless of their stage of IoT implementation.

The Control Center 7.0 will also offer...

By IoT News, 30 June 2017, 0 comments. Categories: Enterprise, IoT.

Why IoT is transforming the sum of the parts – not just the whole

Technology is usually the breath on the back of our necks, nudging us to do some process differently. But historically, that’s also been part of the problem – essentially doing the same thing - but faster, better or more efficiently by replicating our existing processes digitally.

Not anymore. In the same way that the Internet of Things (IoT) is disrupting business models and business as usual, it is – somewhat ironically – changing the way we must respond to change.

Let me explain. If...

By Tom Raftery, 27 June 2017, 0 comments. Categories: Enterprise, IoT.